THL 2.02% $1.94 tourism holdings limited ordinary shares

Ann: ASSET: THL: THL - sale of 155 Beach Road Auc

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    • Release Date: 05/09/13 18:18
    • Summary: ASSET: THL: THL - sale of 155 Beach Road Auckland
    • Price Sensitive: No
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    THL
    05/09/2013 16:18
    ASSET
    
    REL: 1618 HRS Tourism Holdings Limited
    
    ASSET: THL: THL - sale of 155 Beach Road Auckland
    
    TOURISM HOLDINGS LIMITED ("thl")
    Sale of 155 Beach Road Auckland
    
    thl advises that it has an unconditional contract on its Auckland property -
    155 Beach Road for $950k with settlement due by the end of September 2013.
    The sale price is the same as the carrying value in the June 2013 accounts
    and the proceeds will be used to reduce debt.
    
    thl is continuing to explore options regarding its Hamilton property.
    
    Ends
    
    Announcement authorised by:
    
    Ian Lewington
    Chief Financial Officer
    Tourism Holdings Limited
    DDI:   +64 9 336 4212
    Mobile:  +64 21 952 254
    End CA:00240762 For:THL    Type:ASSET      Time:2013-09-05 16:18:21
    				
 
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